Answer:
11.18
Step-by-step explanation:
If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
Answer:
1. A, C, and D are on the line.
1st graph:
1. The slope is 2/3.
2. The y-intercept is (0, -1)
3. The equation is y = 2/3x - 1
2nd graph:
1. The slope is 4.
2. The y-intercept is (0, -3)
3. The equation is y = 4x - 3
Step-by-step explanation:
yes i agree because if all the integers are positive, the answer stays positive which means if you know your integer rules: a positive divide by a positive it stays positive. its the same thing for all the other operations. hope this helps.
The answer is y=-3/2x +3 so D
